Financial assets include ownership of land, buildings, machinery, inventory, commodities, and precious metals.

Name: Financial assets include ownership of land, buildings, machinery, inventory, commodities, and precious metals.
Brand: Quizplus
Rating: 4.9 (48 reviews)

Question

Quizplus · Accepted Answer

Financial assets are non-physical assets that represent ownership of a claim on assets, such as stocks, bonds, currencies, and derivatives. Physical assets such as land, buildings, machinery, inventory, commodities, and precious metals are considered tangible assets.

Financial Assets Include Ownership of Land, Buildings, Machinery, Inventory, Commodities